Australia vs Papua New Guinea: Risk premium on lending
Risk premium on lending over time
- Australia
- Papua New Guinea
How they compare
Papua New Guinea currently reports 4.1% against 3.4% in Australia, a difference of 0.7%.
That makes Papua New Guinea's figure about 1.2 times Australia's.
The two have swapped places 3 times across 13 shared years of data; in 1995 it was Australia ahead.
Australia ranks 50th and Papua New Guinea ranks 47th of 86 countries.
Across the 3 decades both report, Australia averaged higher in 1 and Papua New Guinea in 2.
Head to head by decade
| Decade | Australia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.2% | -2.4% | 4.7% | Australia |
| 2000s | 2.1% | 2.5% | 0.4% | Papua New Guinea |
| 2010s | 3.2% | 7.1% | 3.9% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher risk premium on lending, Australia or Papua New Guinea?
- Papua New Guinea, at 4.1% against 3.4% in Australia as of 2024.
- What is the difference in risk premium on lending between Australia and Papua New Guinea?
- 0.7%, with Papua New Guinea ahead.
- How many years of comparable data are there for Australia and Papua New Guinea?
- 13 years are reported by both, from 1995 to 2013.
- How do Australia and Papua New Guinea rank globally for risk premium on lending?
- Australia ranks 50th and Papua New Guinea ranks 47th of 86 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.